2 months on rocket

1225-1255 Xavier St, Denver, CO, 80204

$5,250,000

0.59 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
Attached Garage57 spaces
ViewValley, Water
MLS #3505470
Lot Size0.59 Acres
StatusActive

About 1225-1255 Xavier St

Xavier Residences is a near permit-ready investment opportunity to develop a unique hybrid for rent / for sale multi-family project. The final permit approval for this project is anticipated early Spring 2024. The architectural plans encompass 71 units, with a breakdown consisting of 61 apartment units and an additional 10 townhome-style units available for sale. Notably, Xavier Residences stands as one of the last expansive development parcels in West Colfax. Of strategic benefit to the developer, the project underwent review before the implementation of Denver’s new “Expanding Affordable Housing” development requirements, positioning the project advantageously within the regulatory landscape. ** Complete shovel-ready construction drawings and permit approval anticipated early Spring 2024 ** One of the last expansive development parcels in West Colfax ** Multiple exit strategies: POtential for Hybrid rent / for sale component: 61 apartment units & 10 townhome-style units ** Permitted prior to new Affordable Housing Requirements

Property Details

Property Features

Listing Office:

  • Office Name: Kaufman Hagan
  • Office Phone: (720) 984-0419
  • Listing Agent: Teal Nipp Hagan

Exterior Features

Exterior Information:

  • View: Valley, Water

Parking Information:

  • Garage Space: 57 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.59 Acres

School Info

Assigned Schools Information:

  • John F. Kennedy High School, Public District Grades 9-12
  • Kunsmiller Creative Arts Academy, Public District Grades KG-12
  • Strive Prep - Federal, Public Charter Grades 6-8
  • Kaiser Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,250,000
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Housing Market Comparison

See how this home compares to others in Denver, CO.

Med. Sold Price

$588K

Med. Price/SqFt

$383

Avg. Days On Market

36

# of Sold Homes

1211

1225-1255 Xavier St vs Denver

76 DAYS ON ROCKET

+40 Days

$5,250,000

+$4.6M More

KEY TAKEAWAY

This property is $4.6M more than the Median Sold Price in Denver, CO.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RECOLORADO
  • MLS Number: #3505470

Listing Office:

  • Office Name: Kaufman Hagan
  • Office Phone: (720) 984-0419
  • Listing Agent: Teal Nipp Hagan

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The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Rocket Homes Real Estate, LLC are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

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METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

Equal Housing

© 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 10:12:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$26.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$15.8K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3382395
2
/10
  • Kaiser Elementary School

  • 4500 S Quitman St

  • 0.54 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3382396
4
/10
  • Strive Prep - Federal

  • 1825 S Federal Blvd

  • 3.85 miles

  • Public Charter Grades 6-8

High School

school-card-donut-3382397
2
/10
  • John F. Kennedy High School

  • 2855 S Lamar St

  • 2.29 miles

  • Public District Grades 9-12

school-card-donut-3382398
4
/10
  • Kunsmiller Creative Arts Academy

  • 2250 S Quitman Way

  • 3.08 miles

  • Public District Grades KG-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $91,731. The most common annual income of people living in Denver, CO is between $35k-100k. Most families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1225-1255 Xavier St

What is the listing price of this property?

The listing price of 1225-1255 Xavier St property is $5,250,000.

What type of property is this?

The property 1225-1255 Xavier St is land located in Denver, Colorado, 80204.

Is this property for sale now?

Active Listing: 1225-1255 Xavier St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1225-1255 Xavier St are:
Kaiser Elementary School: GreatSchools Rating 2/10
Strive Prep - Federal: GreatSchools Rating 4/10
John F. Kennedy High School: GreatSchools Rating 2/10
Kunsmiller Creative Arts Academy: GreatSchools Rating 4/10

How much acreage is this property?

The property 1225-1255 Xavier St is 0.59 acres.
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Rocket HomesColoradoDenver CountyDenver802041225-1255 Xavier St

This home is located at 1225-1255 Xavier St in Denver, CO and zip code 80204 in the Bow Mar Heights neighborhood. This home sits on a 0.59 acre lot. It has been listed on Rocket Homes since February 13, 2024 and is currently priced at $5,250,000.

Denver, CO housing market in March 2024 saw over 423 listings sold above listed price, more than 307 sold at listed price and over 481 sold below. The inventory of homes for sale in Denver, CO between February 2024 and March 2024 increased by 18.3%. While the average time on the market in March 2024 was 36 days, the median list price was $588,052.

From Rocket Homes Real Estate and based on county public records data.

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